I do not care if you thumbs down it pumpers.. this is the cold hard reality.
do your own DD. these guys sold me on this idea and so far it has been nothing short of scam.
reflects that in 10K financial condition section. The company failed to produce Isobutanol on a commercial scale and had to as an emergency go back to making or plan to make small quantities of ethanol to slow down rapid cash burn. . Additionally, In the financial condition part of the 10K you will find that they will most likely have to dilute more in order to stay a going concern. They are burning up what little cash resources they have now and without additional capital through the sell of equity there is just no way now unless a miracle happens. Meanwhile Grueber made 3 million a year milking investors out of millions for a bad science experiment. The expensive gift system failed and the hoax was the technology was proven. It apparently was not proven or they would have been able to produce by now. . Sorry guys but this guy took all our money experimenting that's the bottom line.
CEO has been a total failure. His GIFT system experiment has been a total failure. Now cash burn is so rapid more dilution is eminent to raise money to keep going as a going concern.
YES LETS MAKE IT CLEAR!!! I am fighting now for shareholders. Hey Taxpayers got their money back with interest and that fight is over. The problem now is Government is salivating at changing the system in favor of taxpayers and owning the housing markets indefinitely by sweeping all profits going forward to the treasury. That is the plan with FMIC and they did not really get fired up about it until they saw the massive profits coming in and realized the potential of this as their personal piggy so they could spend more. They want to eliminate investors that had nothing to do with the collapse. What's fair is fair and that is not a fair outcome. THE GOVERNMENT IS RESPONSIBLE FOR THE COLLAPSE AND BOTH TAXPAYER AND INVESTOR GOT PUNISHED. NOW INVESTORS ARE THE LAST IN LINE AND NEED TO GET JUSTICE AND COMPENSATED FOR THE RECOVERY. THAT IS FAIR!!!!
When do we march on Washington.
WHY NOT JUST MAKE BANKS COMPLY WITH NEW HOUSING RULES UNDER THE CURRENT SYSTEM THEN RELEASE AND RELIST. The government cannot keep taking money that does not belong to them Taxpayers already got their money back with a profit and any amount unreasonable over that is stealing from its citizens.
This company failed to produce Commercial scale Isobutanol so it is apparent GIFT ultimately failed when the CEO said they are switching to mostly ethanol production. Small scale ethanol production will only slow cash burn and cause MORE eventual dilution to raise more money as a direct result. They eventually will have to liquidate if they cannot raise anymore money because investors are not willing to bet they can turn the financial situation around. No amount of pumping now I believe can change the financial course of GEVO.
I am not making a nervous investment. The action is going to have to come from the courts to remedy the wrongful will of the government first and in the meantime perhaps change the minds or delay votes by enough senators to table a bill that is a rush to perhaps another bad costly reform when all that is needed is a fix. So far most bills introduced have not garnered enough support because they are borne from a product of fraudulent ill intent to deceive the people and place the blame on the GSE's. Since taxpayer have gotten there money back the government is actually stealing now what is not their profits and the money is the property of private investors. It is clearly understood now the government loosening the regulations on the banks in the first place was the root of the problem. Fix that problem thru tougher rules and more responsible oversight and the current system can work just fine without a total overhaul or winding down anything . The government position is becoming clear they are salivating at the possibility to sweep profits indefinitely instead of going about business in a lawful manner and fairness for all.
people believe that it is not certain that bankruptcy is not an option. Gift failed, cash burn will only slow as a result of small scale ethanol production. Company will need to dilute again. Its probably over now. Don't worry Grueber never got hurt financially for his experiments.
"GIFT" WAS A SCIENCE EXPERIMENT THAT FAILED. now small scale ethanol production has or will replace most of the isobutanol production to help slow down the cash burn before they have to dilute again. Grueber made 3 million a year off his science experiment gone wrong. There is no feeling of certainty anymore that this will not end in bankruptcy.
Yes I did.. I did not believe a lot of what was said by investors until I started following Investors Unite and became more aware of how the fraud started in the first place. Investors here have been defrauded and disenfranchised by there own government because of pure politics going back as far as Jimmy Carter. Clinton administration is really where the fraud to investors really snowballed.
They started this loose regulation that forced banks to make bad loans. There scape goats are the investors of Fannie and Freddie and several big hedge funds have rightfully sued because of changes the government made to the original bailout agreements. The Government is now looking at the massive profits projected out into the future and continue currently to sweep those profits to the treasury after taxpayers have already been fully reimbursed. Greed is driving the decisions of the government to keep both but under a different name thru legislation so they can keep all profits going forward. They are trying to make it look like massive reform is necessary when only small changes to the current system will accomplish all the reform that is necessary. By doing more than they need to do they actually are trying to take possession of property that is not rightfully there's anymore because taxpayers have been paid back in full. All lawsuits need to be dropped as a settlement upon release and relist and we need normal market conditions for free capital to invest in the future of housing. This uncertainty is hindering the recovery in both the private and public sectors of the economy . Government delays in there responsibility to govern lawfully and fairly to everyone involved will only cause more harm to the credibility of the US Government. HOPEFULLY JUSTICE WILL COME FROM THE COURTS IF THE GOVERNMENT CANNOT DO WHATS FAIR FOR EVERYONE.
This has been a learning curve for many who lost fortunes on an incompetent scientist who cannot manage money.
Bull the CEO did a horrible job. He is incompetent. His planned experiments and promises all failed. Ethanol production is just to slow down cash burn but they look to have to dilute again in order to stay a going concern.
I guess if you think about it with Obama now wanting to shut them down is a way to sweep the mess the democrats created in the first place under a rug. Now our own democratic government is wanting to punish its citizens for its mistakes and poor policies. The real problem here is most people are not investors and listen only to our government and support what ever position they take no matter the grave impact it might have on this countries future. Maybe this InvestorsUnite community can change or become a powerful voice not just for shareholders here but for other mistreated shareholders being unjustly mistreated in the future.
Disclaimer: I never supported this entity or shareholder beliefs and only believed the government argument until I listened to InvestorsUnite. I also believed the blame should be squarely put on the backs of banks who actually were just following the loose standards the government mandated. Fannie and Freddie investors seems to be the scapegoat for political harm caused by our government and Banks conspiring to cover up the real fraud and corruption that has been going on. Banks only get a slap on the wrist and had to only settle for pennies on the dollar. IS THIS FAIR TO INVESTORS THAT HAD NOTHING TO DO WITH THE FRAUD? NO!!!! I now agree if taxpayers have gotten there money back or when they get there money back then the government needs to take their hands off and treat everyone fairly under the rule of law. Sweeping outrageous profits deposited in the treasury for other pet projects or government piggy bank fund should cease now. THE GOVERNMENT IS NOT REFORMING THEY ARE STEALING AND HOPEFULLY THE COURTS STOP IT NOW OR WE HAVE WENT DOWN A ROAD WHERE AS THE GOVERNMENT CAN TAKE ANYONES PROPERTY. please send this opinion to whoever you wish because it appears you guys are right. GOOD LUCK AND GOD BLESS. .
Is everything this mans fault. Nafta agreements killing American Industry, the beginning of the end of housing markets with loose regulation. Everything goes back to Clinton and I heard Chelsie who is a pro abortion addict is going to bring a baby into the world. Please Don't be a boy.
You right I am mad and no I want stop whining about it. GET USED TO IT.